Archives

Beginner’s Guide to Project Management Software for Construction

The Project Management Institute (PMI) defines project management as the art of directing and coordinating human and material resources throughout the life of a project by using modern management techniques to achieve predetermined objectives of scope, cost, time, quality, and participating objectives. This definition can be applied construction project management as well, as the construction project manager uses the same concepts, applying it in the construction set.
NAHB

Single-Family Starts Drop in November as Builders Face Affordability Concerns

Rising housing affordability issues continue to hinder single-family production even as total housing starts increased in November. According to newly released data from the U.S. Department of Housing and Urban Development and the Commerce Department, overall housing starts rose 3.2 percent in November to a seasonally
Mayor Muriel Bowser

Mayor Bowser Delivers More Senior Affordable Housing and Retail to Southwest at Kickoff of...

Mayor Bowser kicked off the second phase of construction at 555 E Street, SW, delivering additional senior affordable housing, a hotel, and retail space near the Southwest Waterfront neighborhood in Ward 6. In 2015, the Mayor cut the ribbon on the first phase of the project just one block away at 400 E Street, SW, another mixed-used development that included Engine Company 13 and the Hyatt Place hotel
NHC

NHC’s statement on HUD leadership changes

“Pam Patenaude has been a dynamic and effective deputy secretary, which is one of the most important housing positions in any administration,” said NHC President and CEO David M. Dworkin. “She has been a passionate advocate for relief efforts in Puerto Rico, and a key voice on behalf of housing within the Trump administration.”
IBTS

Building Resilient Communities: Federal, State, and Local Officials Convene to Discuss Resilient Housing

The Institute for Building Technology and Safety (IBTS), in partnership with the National Governors Association (NGA), will host a roundtable event in Washington, D.C. focused on best practices to improve housing resilience before and after a natural disaster.
NYU Furman Center

Report: NYCHA’s Outsized Role in Housing New York’s Poorest Households

A new fact brief by the NYU Furman Center outlines the critical role the New York City Housing Authority (NYCHA) plays in providing stable housing for the city’s poorest households. In 2017 over 60 percent of the roughly 174,000 households in NYCHA’s public housing developments earned 30 percent of Area Median Income (AMI) or less. That translates to just $28,600 annually for a family of four.
NAR

Realtors® Reassert Role as Leader in Blockchain Technology Education

The National Association of Realtors® unveiled a Blockchain Guidance paper on Wednesday afternoon during a webinar designed to keep real estate at the forefront of conversations surrounding the emerging technology. Although blockchain usage is not yet widely prevalent in the industry, NAR has worked to proactively educate state and local Realtor® associations
NAR

Majority Feel 2018 Fourth Quarter is Good Time to Buy Home, says Realtor® Survey

New findings from a National Association of Realtors® survey show that despite a favorable view on the economy and the direction of home prices, the sentiment on home buying continued to diminish at the close of 2018 – though a majority still think it is a good time to buy. Consumer sentiment about home buying weakened in the fourth quarter with only 34 percent strongly indicating it is now a good time to buy, down from 39 percent in the third quarter and 43 percent one year ago.

Reasons To Buy a Smaller Home

If you’re in the market for a new home, have you considered something smaller? Even if you have a family, you may find a home that’s smaller than what you see yourself and your family living in makes for the perfect fit. Here’s a thorough rundown of all the great things about buying a home that’s a bit on the small side.
CRE

William P.J. McCarthy Receives Landauer/White Award from The Counselors of Real Estate

The Counselors of Real Estate® (CRE) professional association has named William P. J. McCarthy, CRE®, the recipient of the 2018 James D. Landauer/John R. White Award–the highest honor conferred by the invitation-only organization. McCarthy was invited to CRE membership in 1995; he is one of only 1,100 members worldwide—and one of fewer than 20 in Canada.
NAAHQ

VOLUNTEERING IN U.S. HITS RECORD HIGH; WORTH $167 BILLION

More Americans than ever are volunteering, according to a new federal study released today by the Corporation for National and Community Service (CNCS), the federal agency that oversees AmeriCorps and Senior Corps

Kilili: $10.1M for Marianas water projects

The Commonwealth Utilities Corporation will get another boost of $10.1 million toward the goal of 24-hour water for all Saipan residents, Congressman Gregorio Kilili Camacho Sablan announced today.
Mayor Muriel Bowser

Mayor Bowser to Deliver More Senior Affordable Housing and Retail to Southwest at Kickoff...

On Monday, December 17, at 12:00 p.m., Mayor Bowser will kick off the second phase of construction at 555 E Street, SW, delivering additional senior affordable housing, a hotel, and innovative retail space to the Southwest neighborhood
ABC National

ABC’s Construction Backlog Indicator Sinks Below Record Highs in Q3 2018

Associated Builders and Contractors reports that its Construction Backlog Indicator contracted to 9.04 months during the third quarter of 2018, down 8.4 percent from the second quarter and 4.3 percent lower than the same time last year
NAHB

Builder Confidence Drops Four Points Amid Concerns Over Housing Affordability

Builder confidence in the market for newly-built single-family homes fell four points to 56 in December on the National Association of Home Builders/Wells Fargo Housing Market Index (HMI) as concerns over housing affordability persist. Although this is the lowest HMI reading since May 2015, builder sentiment remains in positive territory.
HUD - U.S. Department of Housing and Urban Development

SECRETARY CARSON TO LEAD WHITE HOUSE OPPORTUNITY AND REVITALIZATION COUNCIL

President Donald Trump signed an Executive Order establishing the White House Opportunity and Revitalization Council and named U.S. Housing and Urban Development (HUD) Secretary Ben Carson as its chairperson.
Ginnie Mae

Ginnie Mae MBS Outstanding Increases to $2.033 Trillion

Ginnie Mae today announced that issuance of its mortgage-backed securities (MBS) totaled $33.668 billion in November. A breakdown of November issuance includes $32.192 billion of Ginnie Mae II MBS and $1.476 billion of Ginnie Mae I MBS, which includes $1.316 billion of loans for multifamily housing.
MBA

November New Home Purchase Mortgage Applications Decrease 11 Percent

The Mortgage Bankers Association (MBA) Builder Application Survey (BAS) data for November 2018 shows mortgage applications for new home purchases decreased 11 percent from a year ago. Compared to October 2018, applications declined by 14 percent. This change does not include any adjustment for typical seasonal patterns
MBA

Commercial/Multifamily Mortgage Debt Climbs to New High in the Third Quarter

The level of commercial/multifamily mortgage debt outstanding rose by $45.4 billion (1.4 percent) in the third quarter of 2018 to an all-time high, according to the Mortgage Bankers Association (MBA).

Chairman Enzi: More Action Needed from VA on GI Benefits Problems

Senate Budget Committee Chairman Mike Enzi (R-WY) today said more action is needed from the Department of Veterans Affairs (VA) on problems that have prevented thousands of veterans from receiving their full GI Bill

Business Real Estate Press Releases

Winner-1stPlace-BHGRE-RelinacePartners

Winning Photos Share the Joy in the “Art of Living Better”

What started as a simple employee photo contest at Better Homes and Gardens Real Estate Reliance Partners in its East Bay region quickly became a celebrated event. Its real estate agents and staff submitted more than a hundred pictures capturing “heartwarming moments in time” as part of its “Art of Living Better” contest.

Recent Gov & Nonprofit Real Estate Press Releases

Winner-1stPlace-BHGRE-RelinacePartners

Winning Photos Share the Joy in the “Art of Living Better”

What started as a simple employee photo contest at Better Homes and Gardens Real Estate Reliance Partners in its East Bay region quickly became a celebrated event. Its real estate agents and staff submitted more than a hundred pictures capturing “heartwarming moments in time” as part of its “Art of Living Better” contest.